It is reported that Interpipe Corp signed a contract with Finnish company Finnish Ore Oy to supply pipes for a new cruise liner GENESIS II "Charm of Seas". This liner will be a twin of the biggest cruise-liner GENESIS I "Oasis of Seas".

According to the contract Interpipe will supply seamless hot deformed construction pipes for deck structure construction. Prior to the contract signing representatives of Ore Oy visited Interpipe plants to make an inner audit of production techniques and quality standards. Interpipe has already started pipe shipment to the shipbuilding company warehouses.

Millennium capital analyst said “ We see this event as POSITIVE for Interpipe plants particularly for NITR and NIKO Tube as seamless pipe producers not only because of the economic effect of this contract but also because participation in projects like this one is a good sign for the company.”

(Sourced from Millennium Capital)